NOT LISTED FOR SALE
12 Beds
3 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold June 06, 2024

Last sale price $440,000

55 Days on Market

About This Home

As of June 2024

Come check out this gorgeous all brick building in South Shore featuring three massive 4 bed, 1 bath units and an unfinished basement with high ceilings waiting for your ideas! Each unit showcases hardwood flooring, gorgeous bay windows, central heating, updated kitchens and baths, window treatments, and more. New roof and downspout in 2022. Furnaces and Hot Water Heaters 2016. Four separate electrical panels. All brick garage 3 car garage. Garage doors are not functional. Unit 3 is currently rented below market at $1100/mo and is on a month to month lease. Unit 1 and 2 are currently vacant and listed for $1350/mo so you could live in one unit and have the rents pay your mortgage or rent them all out as a turnkey investment. Located in South Shore with easy access to Lake Michigan, Rainbow Beach/Park, South Shore Beach, Jackson Park/Golf Course, Obama library, and the Cheltenham Metra Stop. Property being sold As Is. 2022 taxes were $4113.65/yr. Photos and floorplans are of unit 1, unit 2, and basement. No floor plan or photos for the 3rd floor due to being tenant occupied.

Last Agent to Sell the Property

Matt Engle

Fulton Grace Realty License #475167329 Listed on: 02/27/2024

Fulton Grace Realty

Last Buyer's Agent

Brandon Samuels

TADD Realty License #475185080

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,114

Year Built

  • Built in 1924 | Remodeled in 2016

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 32 x 125

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Radiator
  • Lake Michigan Water

Community Details

  • 3 Units
  • Gross Income $48,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,114

Year Built

Built in 1924 | Remodeled in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 12
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 449999
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator(s)
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 32 X 125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 48600
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 4113.65
  • Tax Year: 2022
  • Tax Exemptions: None

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $440,000 -2.2% --
04/23/2024 04/23/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $449,999 0.0% --
03/07/2024 03/07/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $449,999 +50.5% --
07/25/2016 07/25/16 Sold $299,000 0.0% --
05/04/2016 05/04/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $299,000 +339.7% --
12/11/2015 12/11/15 Sold $68,000 +4.8% --
11/03/2015 11/03/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $64,900 0.0% --
10/16/2015 10/16/15 Pending -- -- --
09/21/2015 09/21/15 Price Changed $64,900 -7.2% --
08/19/2015 08/19/15 For Sale $69,900 +2.8% --
08/19/2015 08/19/15 Off Market $68,000 -- --
08/18/2015 08/18/15 For Sale $69,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11978545

Midwest Real Estate Data (MRED)